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Burbank California Real Estate



B


urbank, California, is          is 3.14 people. 7% are one        
located in Los Angeles          bedroom homes, 39% are 2 bedroom  
County, and is nine miles       homes, 42% are 3 bedroom homes,   
north of Los Angeles, California.     10% are 4 bedroom homes, and 2%   
Burbank has a population of           are 5+ bedroom homes.             
100,316. Among its residents are                                        
those who work in the media and       Homes With No Mortgage - 26%      
entertainment field. NBC, Warner      Homes With Mortgage - 74%         
Studios, and Disney Entertainment     First Mortgage Only - 56%         
call Burbank their home. The city     First & Second Mortgage or HELOC  
is served by Burbank                  - 18%                             
International Airport.                                                  
                                      Burbank Real estate Tax: Median   
Burbank's homes consist of luxury     Real Estate Taxes (2000) were     
homes in the hills, and single        $1,640 comparing to 1999 Median   
and multi-family homes throughout     Family income $ 56,767. Compare   
the city. Its sunny weather,          to USA median yearly Real Estate  
prosperous economy, relative          Tax $1,300 and USA median Family  
safety, and consistently              Income $42,000 (1999).            
high-ranking schools make Burbank                                       
a popular place to live,              Burbank School District: The      
especially with families and          Burbank School District           
those in media and entertainment.     consistently rate as one of the   
                                      most successful in the County.    
                                      Parents are keen to purchase      
Burbank properties pool is 41,608     homes here in order to send their 
residential properties including      children to the highly successful 
Burbank new homes. The median age     District.                         
of real estate in Burbank is                                            
1956. The average household size      Children make up 22.3% of Burbank 



population. Burbank has 22,337        per 10,000 residents per year     
under 18 years old residents, or      Violent Crimes - 28.21            
0.46 kids per one worker, or 0.54     Robberies - 6.88                  
kids per one household.               Aggravated Assaults - 19.54       
                                      Property Crimes - 268.55          
Burbank Real Estate & Burbank         Burglaries - 49.84                
Homeownership                         Larceny-Thefts - 172.26           
                                      Motor Vehicle Thefts - 46.45      
There are 14146.72 or 34% one                                           
person households, 12482.4 or 30%     When making a decision about      
two person households, and 6241.2     buying real estate in Burbank     
or 15% three person households in     California area, many factors     
Burbank, California. Median           should be considered, along with  
residents age is 36.4, Senior         the following statistical data:   
citizens (65+) make up 12,859 or                                        
12.8%% of Burbank population.         Near Medium City -                
                                      Near Large City - Los Angeles,    
There are 48,430 workers (over 16     California                        
years of age) in Burbank. Of          Burbank Zip Codes - 91501, 91502, 
these, 89.33% drive to work.          91504, 91505, 91506               
Approximately 2.56% of workers in     Burbank Area Codes - 818          
Burbank take public                   White population - 72.18%         
transportation, reflecting the        African-American population -     
area's over reliance on cars. An      2.06%                             
estimated 2.75% walk to work.         Asian - 9.15%                     
                                      American Indian & Alaskan - {-}%  
Median Burbank homeowner's            Hispanic (of any race) - 24.87%   
housing expenses are 22.4%            Median Family Income (1999) - $   
                                      56,767%                           
Crime in Burbank (2003), crimes       Population Below Poverty Level -  



10.45%                                

                              






About the Author:

Jennifer Hershey has more than twenty years of experience in the Mortgage Industry as a loan officer. She is the owner of http://www.explainingmortgages.com/, a mortgage resource site devoted to making mortgage terms and products easy to understand.

Source: www.isnare.com


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